Key stats
About WEBs Defined Volatility SPY ETF
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Inception date
Dec 16, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
WEBs Investments, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US87166N8746
DVSP follows an index that tracks the performance of the SPDR S&P 500 ETF (SPY) while seeking to maintain a defined annual volatility rate of 20%. On each trading day, the index measures SPY's 21-day volatility and adjusts its exposure to the underlying ETF accordingly. If the measured short-term volatility is below the defined volatility rate, the index increases exposure to the underlying ETF using total return swaps, thereby increasing volatility. Conversely, if the short-term volatility exceeds the defined volatility rate, the index decreases exposure to the underlying ETF and utilizes cash positions to reduce volatility. The exposure to the underlying ETF varies dynamically between 0-200%. The underlying ETF, SPY, seeks to track the S&P 500 Index, which includes 500 committee-selected, US large-cap companies of varying industries.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Cash
Miscellaneous
Bonds, Cash & Other100.00%
ETF46.63%
Cash40.37%
Miscellaneous13.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DVSP assets under management is 2.12 M USD. It's risen 3.77% over the last month.
DVSP fund flows account for −405.89 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, DVSP doesn't pay dividends to its holders.
DVSP shares are issued by WEBs Investments, Inc. under the brand WEBs. The ETF was launched on Dec 16, 2024, and its management style is Passive.
DVSP expense ratio is 0.91% meaning you'd have to pay 0.91% of your investment to help manage the fund.
DVSP follows the Syntax Defined Volatility US Large Cap 500 Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DVSP invests in funds.
DVSP price has risen by 4.09% over the last month, and its yearly performance shows a 6.30% increase. See more dynamics on DVSP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.33% over the last month, showed a 14.35% increase in three-month performance and has increased by 12.70% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.33% over the last month, showed a 14.35% increase in three-month performance and has increased by 12.70% in a year.
DVSP trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.